牧原股份（002714）(002714.SZ)公告，此前于2025年12月4日，中国香港联交所上市委员会举行上市聆 讯，审议了公司本次发行上市的申请。公司按照有关规定在中国香港联交所网站刊登本次发行聆讯后资 料集。 ...

智通财经APP讯，牧原股份(002714.SZ)公告，此前于2025年12月4日，中国香港联交所上市委员会举行 上市聆讯，审议了公司本次发行上市的申请。公司按照有关规定在中国香港联交所网站刊登本次发行聆 讯后资料集。 ...

格隆汇1月19日丨牧原股份(002714.SZ)公布，根据本次发行上市的时间安排，公司按照有关规定在香港 联交所网站刊登本次发行聆讯后资料集，该聆讯后资料集为公司根据香港联交所、香港证券及期货事务 监察委员会的要求而刊发，刊发目的仅为提供资讯予香港公众人士和合资格的投资者，除此之外并无任 何其他目的。同时，该聆讯后资料集为草拟版本，其所载资料可能会适时作出更新和变动。 ...

| 证券代码：002714 | 证券简称：牧原股份 公告编号：2026-007 | | --- | --- | | 债券代码：127045 | 债券简称：牧原转债 | 牧原食品股份有限公司 董事会 2026 年 1 月 20 日 牧原食品股份有限公司（以下简称"公司"）于 2025 年 1 月 15 日发行了 2025 年度第一期中期票据（简称：25 牧原食品 MTN001，代码：102580292）， 发行总额为人民币 10 亿元，发行利率 2.4%，起息日为 2025 年 1 月 17 日，付息 日为 2026 年 1 月 17 日（如遇法定节假日，则顺延至下一个工作日）。具体内容 详见 2025 年 1 月 18 日披露于《证券时报》《中国证券报》《上海证券报》《证 券日报》及巨潮资讯网（www.cninfo.com.cn）的《牧原食品股份有限公司关于 2025 年度第一期中期票据发行结果的公告》（公告编号：2025-005）。 目前，公司已按期完成了上述中期票据 2026 年的付息工作，支付利息人民 币 2,400 万元。 特此公告。 牧原食品股份有限公司 关于 2025 年度第一期中期票据 2026 ...

| 证券代码：002714 | 证券简称：牧原股份 | 公告编号：2026-008 | | --- | --- | --- | | 债券代码：127045 | 债券简称：牧原转债 | | 牧原食品股份有限公司 关于刊发H股发行聆讯后资料集的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 牧原食品股份有限公司（以下简称"公司"）正在进行申请境外上市外资股（H 股）发行并在香港联合交易所有限公司（以下简称"香港联交所"）主板挂牌上 市（以下简称"本次发行上市"）的相关工作。 2025 年 5 月 27 日，公司向香港联交所递交了本次发行上市的申请，并于同 日在香港联交所网站刊登了申请资料。具体内容详见公司于 2025 年 5 月 28 日在 巨潮资讯网（www.cninfo.com.cn）及指定媒体披露的《牧原食品股份有限公司关 于向香港联交所递交境外上市外资股（H 股）发行并上市的申请并刊发申请资料 的公告》（公告编号：2025-053）。 2025 年 11 月 27 日，公司收到中国证券监督管理委员会（以下简称"中国 证监会"）出具的《关于牧原食品股份 ...

Core Viewpoint - The company is actively responding to national policies on pig production capacity regulation by reducing the number of breeding sows and eliminating low-yield sows, thereby contributing to the stability and healthy development of the pig industry [1] Group 1: Company Actions - The company has reduced its breeding sow inventory to 3.232 million heads by the end of December [1] - The company is taking the lead in capacity regulation and is committed to fulfilling its social responsibilities [1] Group 2: Industry Impact - The company's actions are aimed at supporting the stable and healthy development of the pig industry [1]

Core Viewpoint - The company is actively responding to national policies on pig production capacity regulation by reducing the number of breeding sows and eliminating low-yield sows, thereby contributing to the stability and healthy development of the pig industry [1] Group 1 - The company has reduced its breeding sow inventory to 3.232 million heads by the end of December [1] - The company is taking a leading role in capacity regulation and is committed to fulfilling its social responsibilities [1] - The actions taken by the company are aimed at supporting the stable and healthy development of the pig industry [1]

Group 1 - The core viewpoint of the news highlights the significant investment plans of State Grid Corporation, which is expected to reach 4 trillion yuan during the "14th Five-Year Plan" period, representing a 40% increase compared to the previous plan [1] - The Ministry of Industry and Information Technology, along with four other departments, has issued guidelines for the construction of zero-carbon factories, emphasizing the need for a green and low-carbon energy structure and encouraging the development of distributed renewable energy sources [1] - The market is currently experiencing a "slow bull" phase, with institutions suggesting that the A-share market has a solid foundation for medium-term strength, and funds are likely to rotate towards higher cost-performance assets as momentum effects decline [1] Group 2 - As of January 19, 2026, the CSI All Index Free Cash Flow Index has risen by 1.17%, with significant gains in stocks such as Xinhua Department Store, Pinggao Electric, and Zhongmin Energy [2] - The CSI All Index Free Cash Flow Index consists of 100 listed companies with high free cash flow rates, reflecting the overall performance of companies with strong cash flow generation capabilities [2] - The top ten weighted stocks in the CSI All Index Free Cash Flow Index account for 53.78% of the index, including major companies like China National Offshore Oil Corporation and SAIC Motor [2]

Investment Rating - Industry Rating: Recommended [3] Core Insights - The pork price is rising due to the peak consumption season, and there is an expectation for accelerated destocking after the holiday [2][12] - The Ministry of Agriculture and Rural Affairs emphasizes the importance of agricultural modernization and the commercialization of genetically modified crops to enhance yield and self-sufficiency [1][11] - The report highlights the profitability recovery in pig farming, with self-breeding and purchased piglets turning profitable, indicating a short-term challenge for capacity destocking [2][12] Summary by Sections Planting Industry Chain - The Ministry of Agriculture and Rural Affairs is supporting Shandong Province in enhancing grain production and agricultural modernization, focusing on rural revitalization and technological innovation [1][11] - Key recommended stocks in the planting sector include Beidahuang and Suqian Agricultural Development, with a focus on leading seed companies like Dabeinong and Longping High-Tech [1][11] Swine Farming - The average price of live pigs is 12.72 CNY/kg, with a week-on-week increase of 1.26%. The number of breeding sows is 39.9 million, showing a decrease of 1.1% month-on-month and 2.1% year-on-year [2][12] - The report suggests focusing on companies with significant cost improvements and high future output elasticity, including stocks like Muyuan Foods and Wens Foodstuffs [2][12] Key Agricultural Product Data Tracking - Corn: The average price is 2359.57 CNY/ton, with a week-on-week increase of 0.26% [24] - Wheat: The average price is 2513.57 CNY/ton, remaining stable week-on-week [27] - Soybeans: The average price is 4053.16 CNY/ton, with a slight increase of 0.12% [38] - Cotton: The average price is 15640.00 CNY/ton, with a week-on-week increase of 0.18% [43]

Investment Rating - Industry rating: Recommended [3] Core Insights - The pork price is rising due to the peak consumption season, and there is an expectation for accelerated destocking after the holiday [2][12] - The Ministry of Agriculture and Rural Affairs emphasizes the importance of agricultural modernization and the commercialization of genetically modified crops to enhance yield and self-sufficiency [1][11] - The report highlights the profitability recovery in pig farming, with self-breeding and purchased piglets turning profitable, indicating a short-term challenge for capacity destocking [2][12] Summary by Sections Planting Industry Chain - The Ministry of Agriculture and Rural Affairs is supporting Shandong province in enhancing grain production and agricultural modernization, focusing on technology and innovation [1][11] - Key recommended stocks in the planting sector include Beidahuang and Suqian Agricultural Development, with a focus on genetically modified seed companies like Dabeinong and Longping High-Tech [1][11] Swine Farming - The average price of live pigs is 12.72 CNY/kg, with a week-on-week increase of 1.26% [2][12] - The number of breeding sows is 39.9 million, showing a decrease of 1.1% month-on-month and 2.1% year-on-year, indicating a steady adjustment in production capacity [2][12] - Recommended stocks in the swine sector include Muyuan Foods, WH Group, and others, with a focus on companies that show significant cost improvements and high future output elasticity [2][12]